Oak Ridge Investments LLC Has $594,000 Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Oak Ridge Investments LLC increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,229 shares of the company’s stock after acquiring an additional 123 shares during the period. Oak Ridge Investments LLC’s holdings in Take-Two Interactive Software were worth $594,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software during the 3rd quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the third quarter valued at approximately $31,000. Versant Capital Management Inc grew its holdings in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after buying an additional 115 shares during the last quarter. Finally, AM Squared Ltd bought a new position in Take-Two Interactive Software during the 3rd quarter valued at $46,000. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In related news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Oppenheimer boosted their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $197.58.

Take-Two Interactive Software Stock Up 1.7 %

TTWO stock opened at $186.41 on Monday. The stock has a 50-day simple moving average of $184.90 and a two-hundred day simple moving average of $164.90. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.14. The firm has a market capitalization of $32.74 billion, a PE ratio of -8.81, a PEG ratio of 5.55 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.